European Journal of Scientific Research - EuroJournals

Mathematical Formulation of Poverty Index 296
7. Conclusions
Poverty indices have been calculated for various states in general using the new model.
It has been found that the poorest state is Puerto Rico, followed by West Virginia based on the
poverty indices.
The model suggested is a robust and general model and can be used to determine the poverty
indices in other countries in the world with out any loss of generality even though it has been used to
study the poverty level in various states in USA in this study.
References
[1] Bhattacharya, N., Coondoo, D. and Mukherjee, R. (1991). Poverty, Inequality and Prices in
Rural India. Sage Publications, London.
[2] Hillier, F.S. and Liebermann, G.J. (2004). Introduction to Operations Research. Mc Graw
Hill. Seventh Edition. New York.
[3] India Sustaining Reform, Reducing Poverty (2003). Report by World Bank, Oxford
University Press.
[4] Krishnaswamy, K.S. (1990). Poverty and Income Distribution. Oxford University Press,
Bombay.
[5] Putcha, C.S. (2007). Development of a new optimization method to problems in Engineering
Design. To be published in International Journal of Modelling and Simulation.
[6] The 2007 HHS Poverty Guide Lines. United States Department of Health & Human Resources.